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If you're keeping an eye on skyrocketing food and fiber prices (past 12 months: an 82% corn pop,...

If you're keeping an eye on skyrocketing food and fiber prices (past 12 months: an 82% corn pop, a 142% gain in cotton, wheat prices soaring worldwide), then you'll want to join those scrutinizing tomorrow's annual crop-planting report - the best outlook on upcoming supplies until farmers actually put crops into the soil. Eyes are especially on corn (92M expected acres).
Comments (2)
  • Stone Fox Capital
    , contributor
    Comments (5776) | Send Message
     
    Comparing commodity prices to the beginning of 2010 aren't useful. What about to 2007-8? Inflation is about the change of prices over time not the wild swings over the 2-3 year period.
    30 Mar 2011, 12:19 PM Reply Like
  • Jason Aycock
    , contributor
    Comments (107) | Send Message
     
    True; though I wrote this to be more about price levels than inflation per se. Certainly, Prospective Plantings is short-term info, in the sense that we'll know later this spring what was actually put in the ground.
    30 Mar 2011, 01:07 PM Reply Like
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